Question

what is the difference between book keeping and accounting?

Answer 1

There are several differences between book keeping and accounting. Book keeping is the process of recording all the financial transactions. On the other hand accounting is a larger process that records, classifies, analyses and creates a summarization of all the financial data.

Answer 2

1.book keeping is the primary satge and basis of accounting but Accounting is a secondry stage
2. Accounting starts where book keeping ends.
3. book keeping has no branch but accounting has several branch ex. gen. a/c, cost a/c etc